In a footnote to an investor presentation slide, Green Dot Corp. seems to have announced some big news. On slide 14, of its “Today’s Green Dot” presentation, the company says it expects to pick up $78 million in Non GAAP...
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The launch of Apple Pay has the payments world speculating about the future of Softcard (the wallet formerly known as ISIS), Google Wallet, and PayPal, but the most direct threat may not actually be to these competitors. Instead, Apple Pay...
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Insurance company MetLife started to run a commercial last year featuring the Peanuts characters who say that life insurance ought to cost 5 cents as opposed to the $16 premium that MetLife offers. When Charlie Brown, Lucy, and Snoopy persist...
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The Federal Reserve Board of Governors approved the application of Chicago based MB Financial Inc. to acquire the Taylor Capital Group Inc., of Rosemont, Ill., on June 30. While this is big news for the banking scene, it will also...
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The last holiday season may have been the tipping point for
virtual gift cards. InComm, a prepaid distribution company, said
that the gift card issuers it partners with saw digital gift card
sales outpace physical gift cards, according to a...
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While the weather led to several absences at the first day of
the American Conference Institute's Prepaid Card Compliance
Conference last Thursday in Washington DC , it was the regulatory
forecast that was causing concern among the attendees. Regardless
of...
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J.P. Morgan Chase & Co. plans to end its business in the
payroll and government tax and benefits prepaid segments. Reuters
reported that company plans to sell or wind down its payroll and
government benefits programs but retain its Chase...
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Although American Express's Bluebird card has gotten the lion's
share of media attention when it comes to the company's prepaid
offerings, it has more than one prepaid card offering. The company
has Bluebird, Serve, and American Express for Target, which...
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Each year Mercator Advisory Group publishes benchmarks on the
size of the U.S. open loop and closed loop prepaid markets. We have
used industry surveys, public company reporting, and secondary
information to develop our estimates of the market size. While...
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The months of May and June are good for gift card issuers
because they contain three gift giving occasions Mother's Day,
Father's Day, and most school graduations. Issuers tell Mercator
that the so called 'Grads and Dads' season is the...
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